On Fox & Friends this morning, co-host Steve Doocy explained to his guests that, as he recalls, Mitt Romney‘s 2008 New York Times op-ed arguing in favor a managed bankruptcy for the auto manufacturers contained the exact ideas President Obama has credited with saving the industry during this recession.
While interviewing former Ohio Governor Ted Strickland and Ohio Attorney General Mike DeWine, Doocy said:
As I remember, Mitt Romney wrote that op-ed and said essentially that GM should go through a managed bankruptcy — which they did. Which the president says that’s essentially what saved the car industry.
DeWine agreed, adding:
I don’t think there is an area where the Obama campaign is exaggerated more or misled more than on this issue. If you look back at the facts, what you had is a situation where Governor Romney said we needed federal intervention. He wanted to do it differently. The Obama administration ended up taking Detroit into bankruptcy. So for them to say that Obama did not want to do that or that they had a different point of view… is absolutely crazy.
Watch below, via Fox News:
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